Tauro Markets
New broker Tauro Markets (2023), led by ex BDSwiss executives, offers forex, CFDs, and crypto. It is licensed in Kuwait/St. Vincent and aims for diverse asset offerings.
Tauro Markets, founded in 2023, is a brokerage under JM Financial Services Co. that provides trading in forex, CFDs, and digital assets. The firm is characterized by a leadership team with strong industry experience from Synervest and BDSwiss. Operational metrics show over 10,000 clients and 50 million dollars in daily trading volume. Tauro Markets holds licenses in Kuwait and St. Vincent and focuses its strategy on product differentiation by expanding its portfolio to include advanced tools and plans for stocks and ETFs.
Detailed Profile and Operational Structure
| Metric | Value |
|---|---|
| Clients | 10,000+ |
| Daily trades | 40,000+ |
| Daily volume | $50M |
Company Overview and Background
Established in 2023, Tauro Markets is a newly launched brokerage brand owned by JM Financial Services Co. The company aims to provide a wide range of financial instruments, including forex, contracts for differences (CFDs), and digital assets, to both retail and institutional clients.
Leadership and Industry Connections
The founders of Tauro Markets also share deep connections with Synervest. Alexander Oelfke, CEO and Co-founder of Tauro Markets, is a Partner at Synervest and previously served as Group CEO of BDSwiss. He brings a wealth of experience in brokerage and fintech innovation. Similarly, Konstantin Oelfke, another Co-founder and Partner at Synervest, also worked at BDSwiss, adding to the firm’s leadership depth.
Tauro Markets has built a strong leadership team to guide its operations. Its former Chief Commercial Officer, Carla Nemr formerly of Tickmill was responsible for global commercial strategies. Liam Murphy, Chief Operating Officer, brings experience from SKYGROUND, a fintech solutions provider, as well as from BDSwiss and IQ Option Group. Meanwhile, Marc Suárez, Head of Marketing, joined from BDSwiss, where he held senior marketing roles.
Regulation and Product Differentiation
Tauro Markets is licensed in Kuwait and St. Vincent & the Grenadines, and it is actively pursuing additional regulatory approvals.
The firm differentiates itself with a product portfolio that extends beyond traditional offerings, incorporating advanced trading tools, cryptocurrencies, and plans to introduce basic stocks, ETFs, and options.